Forex Articles

Trading In Black And White Forex Trading Newsletter – 6/6/06

Win With FOREX Currency Trading for Everyday People.

In case you were wondering, though, we did not get into any trade. So, you didn't miss any profits.

On another note, please keep an eye on your inbox today. We are going to be sending you all an invitation to join us for the "Trading In Black And White Forex Trading Contest". This is a brand new contest, and if we may be so bold, a great opportunity for all of you to win some prizes. You'll see on the webpage that we send you to that there is a reward for just signing up.

So, let's move on to the trading part of the broadcast.

We had another test of the high 1.8800's which failed. Not a huge surprise, considering the obvious bearish divergence between the MACD and the price on the Hourly chart.

Over the last few weeks, we have been trading at levels that are very difficult for us to read. The majority of the indicators that we favor ha